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Calculate the 2019 and 2018 current ratios.Calculate the receivables turnover and collection period for 2019 and 2018.Comment on any improvement or weakening in CNs liquidity
- Calculate the 2019 and 2018 current ratios.Calculate the receivables turnover and collection period for 2019 and 2018.Comment on any improvement or weakening in CN’s liquidity and its management of accounts receivable.
2019 2018 2017 Accounts Receivable, Gross 1241 1195 1000 Allowance for doubtful accounts 28 26 16 Accounts receivable, net 1213 1169 984 revenues 14917 14321 13041 Total current Asset 2830 2728 2190 Total current Liabilities 4287 3500 3983 Current Ratios Average Gross for AR 0.66 0.78
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